Tokens/Small Cents S e s s io n T w o - M o n d a y , M a y 3 1 , 20 1 0 1 0 : 00 a m
766
767
769
1863 US Civil War Storecard Token from New York City, New York, Fuld 630BO-1a Rarity-1. NGC graded MS-63 Red & Brown. The card of Edward Schulze's Restaurant. Another popular design thanks to the majestic elk displayed on the reverse. A lustrous example with nearly a third of the original red remaining. A couple minor spots of darker toning from choice. The attribution is noted on the NGC label. Estimated Value .....................................................................$35-UP
1860. NGC graded Proof 64. Nice golden color. Only 1,000 minted in Proof and this lovely PR64 specimen is spot-free, razor-sharp, and indeed all that it is supposed to be and then some! Pop 18; 28 finer. Note; The shield adopted for 1860 and used on the coin until 1909 is simple in design - 13 vertical stripes, or the paleways, surmounted by a set of horizontal lines, or chief. The ornamented shield used with an Oak Wreath for some of the 1858 and 1859 patters is much more elaborate in design than the shield introduced on the cents in 1860. Estimated Value .......................................................... $1,500 - 1,600
Group of 11 US Civil War Tokens grading VF to XF.. Includes 9 store cards and 2 patriotics. All different, and one of the store cards is struck in zinc. A decent group. Lot of 11 coins. Estimated Value ...................................................................$100-UP
Small Cents Indian Head Cents
770
768
1863. ICG graded Proof 65. Nice golden toning contrasted with frost on the devices against quality mirror fields. Only 460 Proofs minted, a low point for the series. Mint Director Pollock left no stone unturned in his efforts to obtain more nickel for coinage during the crisis years of the civil war, according to researches by numismatic scholar Robert W. Julian. "Mint capacity was about 75 million copper-nickel cents per year, but the best effort, in 1863, produced only about 50 million. There simply was not enough nickel available from European refineries. "There was an American supplier, Joseph Wharton, who had a nickel mine at Lancaster Gap, Pennsylvania, but his deliveries were erratic and unpredictable. His works were sometimes shut down for weeks at a time for repairs. As early as the summer of 1863, Pollock knew that something had to be done; he recommended to the Treasury that bronze be substituted for copper- nickel. "Toward the end of 1863, Pollock was determined to introduce bronze coins. A draft bill was prepared for submission to Congress, but Treasury Secretary Chase did nothing for some months. The secretary was under strong pressure from Wharton's supporters in Congress." Estimated Value .......................................................... $1,500 - 1,600
1859. NGC graded Proof 66. Nicely toned with wonderful golden colors. Only 800 Proofs struck. Outstanding quality for this first year of issue. The devices show enough frost to produce a desirable cameo-like contrast, while the surfaces are splendid in quality. Few 1859 Proof Indian cents retain their original surfaces as well as those presented here. What one notes especially is that the coin lacks the specks and spots so commonly found on the copper-nickel alloy Proofs. Reddishtan and reflective fields that are free of contact marks. The design lasted for a single year before a shield was added to the design in 1860. Pop 18; 2 finer in 67. Estimated Value .......................................................... $4,000 - 4,300
41
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